Common use of Pledge of Collateral Clause in Contracts

Pledge of Collateral. To secure payment and performance of the Obligations, Customer hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS first liens and security interests in and upon all of the Collateral, subject only to Permitted Liens.

Appears in 35 contracts

Samples: Loan and Security Agreement (Dynacq Healthcare Inc), Loan and Security Agreement (Stockeryale Inc), Letter Agreement (Stockeryale Inc)

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Pledge of Collateral. To secure payment and performance of the Obligations, Customer customer hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS first liens and security interests in and upon all of the Collateral, subject only to Permitted Liens.

Appears in 1 contract

Samples: Letter Agreement (Data Conversion Laboratory)

Pledge of Collateral. To secure payment and performance of the Obligations, Customer Grantor hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS a first liens lien and security interests interest in and upon all of the Collateral, subject only to Permitted Liens.

Appears in 1 contract

Samples: Lynch Security Agreement (Rent a Wreck of America Inc)

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Pledge of Collateral. To secure payment and performance of the Obligations, . Customer hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS first liens lien and security interests in and upon all of the Collateral, subject only to Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Cd Warehouse Inc)

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